2024-09-16T16:16:48-04:00 2023-08-31 273263553 GALLEROS ROBINSON 485 MADISON AVE 7TH FLR NEW YORK NY 10022 990 2022-09-01 222594099 PARDES INSTITUTE OF JEWISH STUDIES NORTH AMERICA INC PARD 2124474333 228 PARK AVENUE SOUTH SUITE 35858 NEW YORK NY 100031502 MARK S FREEDMAN CHAIR 2124474333 2024-09-16 false DEREK FLANAGAN P00396383 6469210400 2024-09-16 2022 2024-08-08 14:25:15Z X MARK S FREEDMAN 5516865 false X WWW.PARDES.ORG.IL X 1984 NJ PROVIDE AN OPEN, INCLUSIVE, DIVERSE AND INTELLECTUALLY CHALLENGING ENVIRONMENT IN JERUSALEM WHICH ENGAGES ALL JEWS IN THE STUDY OF CLASSIC TEXTS AND IDEAS OF THEIR HERITAGE. SIMULTANEOUSLY, PARDES NORTH AMERICAS MISSION IS TO DRAMATICALLY EXPAND ACCESS TO DEEP, ACCESSIBLE JEWISH LEARNING EXPERIENCES WITHIN INTIMATE COMMUNITIES ACROSS NORTH AMERICA. 16 16 18 17 0 6783305 5192496 126363 142214 61192 146103 22535 36052 6993395 5516865 3440034 3510744 0 1472949 1592516 0 382350 699601 923126 5612584 6026386 1380811 -509521 15562816 15296795 43317 99523 15519499 15197272 X THE PARDES INSTITUTE OF JEWISH STUDIES NORTH AMERICA, INC. ("PARDES") WAS ORGANIZED FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT TO THE STUDENTS AND FACULTY OF THE PARDES INSTITUTE FOR JEWISH STUDIES (THE "INSTITUTE") IN JERUSALEM, ISRAEL. PARDES' MISSION HAS SINCE BEEN BROADENED TO DRAMATICALLY EXPAND ACCESS TO DEEP, ACCESSIBLE JEWISH LEARNING EXPERIENCES WITHIN INTIMATE COMMUNITIES ACROSS NORTH AMERICA. false false 5218505 3510744 142214 PARDES PROVIDES FINANCIAL AND MANAGERIAL SUPPORT FOR THE PARDES INSTITUTE OF JEWISH STUDIES IN JERUSALEM AND THE PROGRAMMING PARDES PROVIDES IN NORTH AMERICA. THROUGH ITS EFFORTS, THOUSANDS OF PARDES ALUMNI HAVE ACQUIRED EXTRAORDINARY JEWISH EDUCATION AT PARDES IN ISRAEL, AND RETURNING TO THE UNITED STATES, AND ELSEWHERE AROUND THE GLOBE TO BECOME TEACHERS AND/OR LEADERS OF JEWISH INSTITUTIONS, SCHOOLS, AND COMMUNITY ORGANIZATIONS. PARDES STUDENTS ARE GENERALLY GRADUATES OF THE TOP COLLEGES AND UNIVERSITIES IN THE U.S., WHO ARE SEEKING A SPIRITUAL CONNECTION AND INTELLECTUAL UNDERSTANDING OF THEIR JEWISH HERITAGE BEFORE GOING ON TO GRADUATE PROGRAMS IN BUSINESS, MEDICINE, SCIENCES, EDUCATION, AND THE RABBINATE. MANY GRADUATES ASSUME PROFESSIONAL LEADERSHIP POSITIONS WITHIN THE JEWISH COMMUNITY. 5218505 true true false false false false false false false true true false false false true true true false false true true true false false false false false false false true false false false false false false false false false false false false false false false false false true 38 0 true 18 true false false false false false false false false false false false false X 16 16 true false false false false false false true true false false true true true true true true true false false NY NJ CA CT FL GA IL MA MD PA WI DC KS MI OH TN X STEPHANIE BAUM 2124474333 228 PARK AVENUE S SUITE 35858 NEW YORK NY 10003 JOSHUA CHADAJO EXECUTIVE DI 40.00 X 294828 0 25411 MICHAEL URAM CHIEF EDUC. 40.00 X 283801 0 57713 JAMES BORNSTEIN DIR. MARKETI 40.00 X 131495 0 14868 MARK S FREEDMAN CHAIR 5.00 X X 0 0 0 MARK LEVENFUS VICE CHAIR 5.00 X X 0 0 0 BRYAN KOCEN TREASURER 5.00 X X 0 0 0 KAREN RIVO SECRETARY 5.00 X X 0 0 0 THOMAS K BARAD DIRECTOR 1.00 X 0 0 0 JESSICA FAIN DIRECTOR 1.00 X 0 0 0 RABBI DAVID GEDZELMAN DIRECTOR 1.00 X 0 0 0 MICHAEL GORDON DIRECTOR 1.00 X 0 0 0 DANIEL KRASNER DIRECTOR 1.00 X 0 0 0 DARELL KRASNOFF DIRECTOR 1.00 X 0 0 0 DAVID KUNEY DIRECTOR 1.00 X 0 0 0 FAITH BRIGHAM LEENER DIRECTOR UNT 1.00 X 0 0 0 ILANA MESKIN DIRECTOR 1.00 X 0 0 0 DEBORAH SHAPIRA DIRECTOR 1.00 X 0 0 0 SUZANNE WACHSSTOCK DIRECTOR 1.00 X 0 0 0 LIBBY WERTHAN DIRECTOR 1.00 X 0 0 0 MOSHE WERTHAN DIRECTOR 1.00 X 0 0 0 710124 97992 3 false true false 5192496 5192496 TUITION AND FEES INCOME 611710 142214 142214 142214 146103 146103 OTHER INCOME 900099 36052 36052 36052 5516865 142214 182155 3510744 3510744 469578 250426 109576 109576 870184 727600 91389 51195 40655 29678 6098 4879 212099 151367 36147 24585 14364 14364 21000 21000 318255 151126 63475 103654 89256 45937 11354 31965 91089 29526 40197 21366 21516 7172 7172 7172 122219 89822 17998 14399 202089 199769 2320 2512 2512 OTHER EXPENSES 40335 25338 3758 11239 REPAIRS AND MAINTENANCE 491 491 6026386 5218505 425531 382350 284237 283195 2674538 1761286 6504036 5122790 22654 63514 63514 6096855 8076227 3150 30643 15562816 15296795 43317 67887 31636 43317 99523 X 953005 361596 14566494 14835676 15519499 15197272 15562816 15296795 X -509521 220338 -33044 X X false true X true X 14463716 9706090 5323613 6783305 5192496 41469220 14463716 9706090 5323613 6783305 5192496 41469220 9655913 31813307 22482 40923 25751 60562 146103 295821 22535 16052 38587 41803628 268577 0.76100 0.56660 X PART II, LINE 10 OTHER INCOME 38,587 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1408885 407378 111060 65205 1862118 1288471 371500 -194337 56749 1408885 1030525 73171 232875 48100 1288471 888192 184622 42289 1030525 802474 126957 41239 888192 1.00000 false false 2700 2700 52564 52564 8250 8250 OPERATING LEASE LIABILITIES 31636 31636 X 5737203 220338 220338 5516865 5516865 6026386 6026386 6026386 SCHEDULE D, PAGE 2, PART V, LINE 4 PROVIDE FINANCIAL SUPPORT OF THE PARDES INSTITUTE FOR JEWISH STUDIES IN JERUSALEM. SCHEDULE D, PAGE 3, PART X PARDES APPLIES THE PROVISIONS PERTAINING TO UNCERTAIN TAX PROVISIONS, FASB ASC TOPIC 740, AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PARDES IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PARDES BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. true MIDDLE EAST 1 FINANCIAL SUPPORT JEWISH STUDIES 3510774 1 1 3510774 3510774 MIDDLE EAST SUPPORT 3510744 WIRE TRANSFERS 1 false false false false false false SCHEDULE F, PAGE 1, PART I, LINE 3 MIDDLE EAST 3,510,774 0 X X X false false false false false false false false false JOSHUA CHADAJO EXECUTIVE DIRECTOR 294828 25411 320239 MICHAEL URAM CHIEF EDUC. OFFICER 283801 16463 41250 341514 FORM 990, PAGE 1, ITEM B THE FORM 990 WAS AMENDED TO REFLECT THE AMOUNTS IN THE AUDITEED FINANCIAL STATEMENTS FOR THE FISCAL YEAR ENDED AUGUST 31, 2023. WITH THIS, THE FOLLOWING LINE ITEMS CHANGED FROM THE INITIAL FILING: A. FORM 990 PART I, LINES 8-22, PART III, LINES 4A-4E, PART VIII, LINES 1- 12, PART IX, LINES 16-25, PART X, LINES 15(B)-33(B), AND PART XI LINES 1 -10 B. FORM 990, SCHEDULE A, PART II, LINES 1(E)-11(E) C. FORM 990, SCHEDULE D, PART X, PART XI AND PART XII FORM 990 - ORGANIZATION'S MISSION THE PARDES INSTITUTE OF JEWISH STUDIES NORTH AMERICA, INC. ("PARDES") WAS ORGANIZED FOR THE PURPOSE OF PROVIDING FINANCIAL SUPPORT TO THE STUDENTS AND FACULTY OF THE PARDES INSTITUTE FOR JEWISH STUDIES (THE "INSTITUTE") IN JERUSALEM, ISRAEL. PARDES' MISSION HAS SINCE BEEN BROADENED TO DRAMATICALLY EXPAND ACCESS TO DEEP, ACCESSIBLE JEWISH LEARNING EXPERIENCES WITHIN INTIMATE COMMUNITIES ACROSS NORTH AMERICA. FORM 990, PAGE 2, PART III, LINE 4A PARDES PROVIDES FINANCIAL AND MANAGERIAL SUPPORT FOR THE PARDES INSTITUTE OF JEWISH STUDIES IN JERUSALEM AND THE PROGRAMMING PARDES PROVIDES IN NORTH AMERICA. THROUGH ITS EFFORTS, THOUSANDS OF PARDES ALUMNI HAVE ACQUIRED EXTRAORDINARY JEWISH EDUCATION AT PARDES IN ISRAEL, AND RETURNING TO THE UNITED STATES, AND ELSEWHERE AROUND THE GLOBE TO BECOME TEACHERS AND/OR LEADERS OF JEWISH INSTITUTIONS, SCHOOLS, AND COMMUNITY ORGANIZATIONS. PARDES STUDENTS ARE GENERALLY GRADUATES OF THE TOP COLLEGES AND UNIVERSITIES IN THE U.S., WHO ARE SEEKING A SPIRITUAL CONNECTION AND INTELLECTUAL UNDERSTANDING OF THEIR JEWISH HERITAGE BEFORE GOING ON TO GRADUATE PROGRAMS IN BUSINESS, MEDICINE, SCIENCES, EDUCATION, AND THE RABBINATE. MANY GRADUATES ASSUME PROFESSIONAL LEADERSHIP POSITIONS WITHIN THE JEWISH COMMUNITY. FORM 990, PAGE 6, PART VI, LINE 2 MOSHE WERTHAN LIBBY WERTHAN DIRECTOR DIRECTOR FAMILY RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 WITH THE AUDIT/FINANCE COMMITTEE AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD WITH THE ANTICIPATION OF THEIR REVIEW COMMENTS SENT BACK TO THE AUDIT/FINANCE COMMITTEE, PRIOR TO THE RETURN BEING FILED WITH THE IRS. FORM 990, PAGE 6, PART VI, LINE 12C THERE IS A BOARD APPROVED CONFLICT OF INTERESTS POLICY. BOARD MEMBERS WILL BE ASKED TO MAKE AN ANNUAL DECLARATION OF ACTUAL CONFLICTS OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A EACH YEAR, THE EXECUTIVE COMMITTEE REVIEWS COMPARABLE SALARIES BASED ON A RECOGNIZED STUDY AND REVIEWS THE PERFORMANCE OF THE EXECUTIVE DIRECTOR TO DETERMINE IF THE EXISTING SALARY FALLS WITHIN THESE RANGES. AFTER A DELIBERATION OF THIS MATTER, THE PROPOSED SALARY AND BENEFIT PACKAGE IS VOTED ON. THE MINUTES OF THE BOARD OF DIRECTORS REFLECT THE NATURE OF THIS PROCESS. FORM 990, PAGE 6, PART VI, LINE 17 MICHIGAN, OHIO, TENNESSEE FORM 990, PAGE 6, PART VI, LINE 19 ORGANIZATIONAL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 LOSS ON UNCOLLECTIBLE PLEDGES -33,044 FORM 990, PAGE 12, PART XII, LINE 2C REVIEW PROCESS HAS NOT CHANGED FROM PRIOR YEAR.